IWG plc (OTCMKTS:IWGFF) Stock Short Interest Climbs 149.9%

IWG plc (OTCMKTS:IWGFF – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,124,145 shares, an increase of 149.9% from the August 31st total of 449,788 shares. Based on an average daily trading volume, of 216,314 shares, the short-interest ratio is presently 5.2 days.

IWG Stock Up 0.9%

IWGFF traded up $0.02 during midday trading on Friday, hitting $2.34. The stock had a trading volume of 149,225 shares, compared to its average volume of 61,025. The business has a fifty day moving average of $2.51 and a 200 day moving average of $2.51. IWG has a 1 year low of $2.15 and a 1 year high of $3.53.

About IWG

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IWG plc is a global provider of flexible workspace solutions for businesses, entrepreneurs and professionals. Through brands including Regus, Spaces, HQ and Signature, the company offers serviced and conventional offices, coworking spaces, meeting rooms, virtual offices and related workplace services. Its offerings are designed to support businesses seeking flexible alternatives to traditional long-term office leases.

The company serves customers across a broad international network spanning North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

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